Naju City, located in Gwangju, is recruiting additional residents for its "deposit-free youth rental housing" program, the first of its kind in the country.
The application period runs until October 12.
This initiative allows young people to live in rental housing by paying only management fees, without the need for a security deposit.
Currently, 150 units are available in the Songwol-dong and Samyeong-dong Bujeong Apartments.
The additional recruitment targets five vacant units (one in Samyeong Bujeong and four in Songwol Bujeong).
Eligible applicants must be between 18 and 45 years old (born between 1981 and 2008) and must have a registered address in a different city or district but be able to move to Naju upon acceptance.
Applicants must also work for or operate a business in Naju, provide proof of income, and meet other eligibility criteria outlined in the announcement, including being a non-homeowner and having a health insurance premium below 150% of the median income.
The rental contract is for a minimum of two years, with the possibility of one extension for a maximum of four years.
Interested youth should check the "Youth Employment Rental Housing Support Project" announcement on the Naju City website, then submit their application and related documents in person at the Planning and Budget Office or via email.
Naju City will announce the final selected residents in October after a selection review, with move-in scheduled for early November.
Yoon Byeong-tae, the mayor of Naju City, stated, "A stable housing environment for young people is a crucial foundation for building the future of our region. We will continue to expand effective youth support policies that reduce housing burdens and invigorate the community, making Naju a city where young people want to stay and settle down."
* This article has been translated by AI.
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